As of June 2020, banks outstanding credit to the public sector in Ghana stood at 6.9 billion Ghana cedis (GHS) (1.2 billion U.S. dollars), while 45.2 billion GHS (7.8 billion U.S. dollars) were granted to the private sector. Between 2018 and 2020, the highest credit value from banks in the country was directed to the private sector.
Distribution of banks outstanding credit in Ghana from 2018 to 2020, by sector
(in million Ghanaian cedi)
Figures are as of the end of each quarter. The currency conversion rate is as of November 19, 2020.
Credit outstanding may refer to a loan or extension of credit; an issuance of a guarantee, acceptance, or letter of credit, including an endorsement or standby letter of credit; and a type of transaction that extends credit or financing to a person or group of persons.
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Bank of Ghana. (October 19, 2020). Distribution of banks outstanding credit in Ghana from 2018 to 2020, by sector (in million Ghanaian cedi) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1187605/distribution-of-bank-credit-in-ghana-by-sector/
Bank of Ghana. "Distribution of banks outstanding credit in Ghana from 2018 to 2020, by sector (in million Ghanaian cedi)." Chart. October 19, 2020. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1187605/distribution-of-bank-credit-in-ghana-by-sector/
Bank of Ghana. (2020). Distribution of banks outstanding credit in Ghana from 2018 to 2020, by sector (in million Ghanaian cedi). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1187605/distribution-of-bank-credit-in-ghana-by-sector/
Bank of Ghana. "Distribution of Banks Outstanding Credit in Ghana from 2018 to 2020, by Sector (in Million Ghanaian Cedi)." Statista, Statista Inc., 19 Oct 2020, https://www.statista.com/statistics/1187605/distribution-of-bank-credit-in-ghana-by-sector/
Bank of Ghana, Distribution of banks outstanding credit in Ghana from 2018 to 2020, by sector (in million Ghanaian cedi) Statista, https://www.statista.com/statistics/1187605/distribution-of-bank-credit-in-ghana-by-sector/ (last visited November 03, 2024)
Distribution of banks outstanding credit in Ghana from 2018 to 2020, by sector (in million Ghanaian cedi) [Graph], Bank of Ghana, October 19, 2020. [Online]. Available: https://www.statista.com/statistics/1187605/distribution-of-bank-credit-in-ghana-by-sector/
